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As head of Adita Incorporated, potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments
As head of Adita Incorporated, potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided. Cash Dividends Distributed by Year $400,000 $25 $20 $350,000 $15 $10 $300,000 $250,000 $5 $0 $200,000 $150,000 $100,000 Number of Shares Preferred Stock Common Stock Preferred Stock Dividend Rate Preferred Stock 6% Common Stock Snare Price Year 1 View on Tableau Public Year 2 Year 3 Year 4 15C50 Share 1. What is the total cash dividends paid out for Years 1, 2, 3, and 4 combined? 2. Assume that preferred stock is noncumulative and compute the Year 4 cash dividends paid to (a) preferred stockholders and (b) common stockholders. tockhold What is the total cash dividends paid out for Years 1, 2, 3, and 4 combined? Total dividends distributed Required 1 Required 2 Assume that preferred stock is noncumulative and compute the Year 4 cash dividends paid to (a) preferred stockholders and (b) common stockholders. Noncumulative Preferred Common Cash dividends paid for Year 4
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